Health and Healthcare

Major Biotech Short Interest Continues to Be Mixed

Thinkstock

The short interest data are out for the January 29 settlement date. Biotech companies are considered a riskier group of stocks, with big upside and big downside. FDA rulings can make or break them. A single failed clinical trial can mean disaster for a stock. 24/7 Wall St. has reviewed the top biotech companies, without focusing on speculative companies.

The January 29 short interest data have been compared with the previous report, and short interest was mixed in most of these selected stocks for this settlement date.

Amgen Inc. (NASDAQ: AMGN) saw its short interest rise to 10.41 million shares from the previous level of 9.03 million. Shares closed most recently at $143.16, in a 52-week trading range of $130.09 to $181.81.

Biogen Inc. (NASDAQ: BIIB) had its short interest decrease slightly to 2.76 million from the previous level of 2.85 million. Shares closed Tuesday at $249.99, within a 52-week range of $243.85 to $480.18.

Celgene Corp. (NASDAQ: CELG) short interest for this settlement date increased to 10.50 million shares from the previous 9.06 million. Shares of Celgene closed most recently at $100.50, in a 52-week range of $92.98 to $140.72.


Gilead Sciences Inc. (NASDAQ: GILD) saw its short interest fall to 21.37 million shares from 23.16 million in the previous period. Shares closed Tuesday at $87.25, in a 52-week trading range of $81.89 to $123.37.

MannKind Corp. (NASDAQ: MNKD) saw its short interest increase to 124.41 million shares. The previous reading was 123.89 million. Shares closed most recently at $0.97, in a 52-week trading range of $0.64 to $7.88.

Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) short interest decreased to 5.47 million, compared to the
previous level of 5.65 million. Shares closed most recently at $136.46, in a 52-week range of $130.51 to $208.88.

Take Charge of Your Retirement: Find the Right Financial Advisor For You in Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding professional guidance—and we’ve made it easier than ever for you to connect with the right financial advisor for your unique needs.

Here’s how it works: 

1️ Answer a Few Simple Questions

Tell us a bit about your goals and preferences—it only takes a few minutes!

2️ Get Your Top Advisor Matches

This tool matches you with qualified advisors who specialize in helping people like you achieve financial success.

3️ Choose Your Best Fit

Review their profiles, schedule an introductory meeting, and select the advisor who feels right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.